After posting not less than a hundred different posts in the past five days (most of those posts were updates on earlier posts that folks won't see unless they specifically go to look something up using a search application), I have a gut feeling that Whiting is "hitting on all cylinders." Every time I turn around, I find WLL up to something interesting in the Bakken.
WLL will likely end up putting up to seven wells in 1280-acre spacing units in the Sanish. The Sanish has been a tremendous oil field even by Bakken standards.
WLL has some of the best-producing wells in the Bakken. It's probably a toss-up between EOG and WLL who has the most good wells in North Dakota.
WLL barely got started in its new Lewis and Clark prospect when it sparked a flurry of activity in the South Heart area. In this month's NDIC hearing dockets, WLL will request to pool forty-four 1280-acre spacing units just west of South Heart.
WLL has a dedicated fracking crew that can frack 100 wells/year.
WLL announces a natural gas gathering and processing plant near Belfield, ND.
WLL has the best corporate presentations, although I have to say BEXP and SM also have some great presentations.
Someone just paid $8,600/acre for 3.34 acres where WLL already has three wells.
WLL has 14 active rigs according to the NDIC website today.
Note: I do not hold any shares in WLL.
Hess will add a tenth rig in the North Dakota Bakken.
EOG has twelve active rigs in NDB.
CLR has twenty ARINDB.
Hess has eleven ARINDB.
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